Nasdaq stopped falling near 11100 last week
Just hit the moon line MA42
This moving average was previously mentioned when analyzing the S&P 500
It's a variant of the Moonline MA84, but it's far from the bottom here
Back to Bitcoin:
<1> The angle of entanglement: it is currently in the divergence section at the weekly level;
<2> Volume and price point of view: the seven consecutive yin of the weekly line continues to create history
But last week, the weekly line received a heavy hammer line
kind of stop acting
There is still a chance to escape
As shown in the figure, the two trends are deduced
Reminder again: No matter what kind of trend, it will eventually be wiped out.
The trend is not transferred by the rebound of small and medium level
Always warn yourself: We are at the top of the moon line level above our heads!
If you ate a big black thread last week
The bear market advises you to quit gambling.
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